ACE Names Faulkner as European e-Commerce Manager

February 5, 2008

ACE announced the appointment of Carl Faulkner as its European e-Commerce Manager. The bulletin from the London office stated he would “work closely with ACE’ s Underwriting and Business Development teams across the UK and Europe.” Faulkner “will be responsible for developing the distribution of ACE’ s products both through its own online system, ACE Online and strategic alliances with key market players.”

He has a “strong e-commerce background in the financial services industry,” said the announcement. Before joining ACE in 2006 as e-Commerce Manger for Continental Europe he developed e-commerce offerings for a number of companies including Allianz Group and Egg.

ACE European Group Chairman Andrew Kendrick said Faulkner would be “instrumental in driving ACE’ s use of e-commerce to offer even greater levels of service and efficiency to our broker partners.”

He also noted that “E-commerce will play a key role in ACE’ s growth strategy in the UK and Europe. Launched in 2006, ACE Online has seen considerable success in the cost effective and timely delivery of our products to a wider broker market, not to mention the added benefit of achieving contract certainty at inception. ACE Online is also proving successful in providing small to medium sized clients with access to our specialty products – such as Directors & Officers and Excess Casualty.

Source: ACE – www.acelimited.com

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